Each year, NASSGAP completes a survey regarding state-funded expenditures for postsecondary student financial aid. This report, the 54th annual survey, represents data from academic year 2022-23. Data Highlights include: (1) In the 2022-23 academic year, the states awarded almost $16.6 billion in total state funded student financial aid, an…

This dissertation examines the post-college career choices of no-loan program alumni at Harvard College. Using a conceptual framework informed by elements of social cognitive career theory (Lent et al., 1994) and Perna's (2006) model of college choice, it identifies "what" careers alumni chose after college and "how" and…

Education is a fundamental right, yet access to tertiary education remains a challenge for marginalized communities worldwide. To address this, the Philippine government launched the Expanded Students' Grant-in-Aid Program for Poverty Alleviation (ESGP-PA) in 2013, offering free college education to impoverished but academically inclined students.…

In 2016 Chile initiated a policy of free tuition for students from families in the lower half of the income distribution to improve access to and completion of higher education. The empirical effectiveness of the policy has not yet been completely demonstrated. This study analysed the difference in levels of academic performance of students…

This article traces the development of four narratives of financial assistance for Australian university students - to encourage excellence; to meet public need; to build the stock of human capital; and as universal provision - and their effect on the development of a fifth narrative, centred on the Higher Education Contribution Scheme (HECS).…

The ever-increasing costs and debt incurred by US college students is a hotly contested issue. In March 2022, The Texas Higher Education Coordinating Board (THECB) released a refreshed strategic plan for the state's higher education: Building a Talent Strong Texas. The refreshed plan concentrated on access for minority populations, enhanced…

We explore how much borrowers value student debt relief, in the setting of the federal Teacher Loan Forgiveness (TLF) program, and further document whether information and eligibility for this program affect teacher employment decisions. The program cancels between $5,000 and $17,500 in debt for teachers who remain employed in a high-need school…

Higher education institutions in the United States are experiencing a paradigm shift in two areas. First, in response to the high prices of textbooks, there is a shift from traditional textbooks to Open Educational Resources (OERs). Second, the growing presence of International Undergraduate Students (IUSs) on college campuses is shifting the…

The discourse on cost of attendance (COA) at American colleges and universities is ambiguous and complex. The literature around COA labels it as the 'sticker price' to attend college but categorization in this manner often negates the true application and meaning of this term. COA also accounts for living allowances (or indirect costs) to help…

Forty-five million Americans collectively owe $1.7 trillion in student loan debt, and women hold nearly two-thirds of it. Black borrowers are the group most negatively affected by student loans, in large part because of systemic racism, the inequitable distribution of wealth, a stratified labor market, and rising college costs. Because Black women…

This study focuses on tuition reset policies, where colleges reduce the published sticker price by at least 5%, and in many instances, much more. We use a difference-in-differences design to examine the effect of these policies on student enrollment disaggregated by race/ethnicity and a proxy for economic disadvantage. On average, these policies…

Community college baccalaureates (CCBs) provide an affordable pathway to baccalaureate-level education but increasing tuition rates present a potential financial barrier for students. Institutional aid as a cost-constraining mechanism has historically been less utilized in the 2-year sector when compared to traditional 4-year institutions. Yet,…

The benefits of a postsecondary credential are well-documented. Postsecondary education not only benefits the individual receiving an education, but also the community in which they live. College graduates tend to have more job opportunities and be employed in industries and roles that are less-impacted when the economy slows. This means college…

Institutions of higher education have increasingly needed to balance college affordability with their own financial sustainability. There is a growing need for financial innovation and few examples within higher education for adoption of innovation frameworks. This qualitative dissertation examines phases of adoption of income share agreements…

Objective: To evaluate how family functioning, family contributions to college expenses, and access to mentors are associated with college student's self-reported health and flourishing, and to test for moderation by family structure. Participants: Undergraduate college students (N = 238) recruited through an email list-serve at a large midwestern…